• Asafum@feddit.nl
    link
    fedilink
    arrow-up
    32
    ·
    23 hours ago

    Your testimony raises serious questions about the project’s compliance with the National Capital Planning Act, which requires that projects like the Fed headquarters renovation be approved by the National Capital Planning Commission,” Vought wrote.

    “The plans for this project called for rooftop terrace gardens, VIP private dining rooms and elevators, water features, premium marble, and much more,” he wrote.

    But Powell, in his testimony, said, “There’s no VIP dining room. There’s no new marble. There are no special elevators. There are no new water features. There’s no beehives and there’s no roof terrace gardens,” Vought wrote.

    “Although minor deviations from approved plans may be inevitable, your testimony appears to reveal that the project is out of compliance with the approved plan with regard to major design elements,” Vought wrote.

    …ummmmmmmm, am I reading this correct?

    “You’re spending too much money! It says there are supposed to be all these crazy expensive things being built!”

    “There aren’t any of those cartoonishly expensive things being built”

    “Ah-HA! GOT YA! The plans say they NEED to have those cartoonishly expensive things! You’re out of line here!”

    …like wtf did I just read?

    • Carmakazi@lemmy.world
      link
      fedilink
      arrow-up
      32
      ·
      23 hours ago

      MAGA wants this dude gone, badly, so they can replace him with a patsy. The reasoning comes after and is superfluous.

      • Asafum@feddit.nl
        link
        fedilink
        arrow-up
        9
        ·
        edit-2
        18 hours ago

        It really is fucking insane… Like I get stupidity I guess, but you’d think out of their own greed and self interest they wouldn’t want a rubber stamp idiot to “run” the fed, doing whatever they’re told to do with the economy…

        Although considering the people we’re dealing with they’re the worst of the possibilities, greedy and stupid…

  • cronenthal@discuss.tchncs.de
    link
    fedilink
    arrow-up
    24
    ·
    edit-2
    22 hours ago

    This is the cheapest attack imaginable. “Renovations” is the best they could come up with. I wonder if it will work.

  • School_Lunch@lemmy.world
    link
    fedilink
    arrow-up
    9
    ·
    24 hours ago

    So would it be safe to say that everyone should pull their money out of the stock market before Powell’s term is up? Its a good bet that whoever replaces him will just be a yes-man, and things will crash.

    • Buddahriffic@lemmy.world
      link
      fedilink
      arrow-up
      11
      ·
      19 hours ago

      No, it wouldn’t be safe to say that because if the next guy just prints money like it’s 2020, inflation will get crazy again and that cash you saved will be worth less than the stock you got rid of.

    • Optional@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      23 hours ago

      Well we could put it all in bonds which . . . oh wait no . . umm . . . hangon . . Uh. . . Anyone know anything about the NIKKEI?